Thu. Nov 21st, 2024

Luxury Redefined: Exploring Prestigious Homes in Manhattan

Manhattan never sleeps. It is at the center of NYC and a great place for young professionals. Owning one of the many Manhattan townhouses is a dream for most people. The city of apartments and high rises is ever busy. Although townhouses or brownstones are the most popular, you will come across co-ops and condos. The demand for Manhattan townhouses shot up after the pandemic and has increased since then.

If you want to live in a townhouse in the heart of NYC, Manhattan is the place for you. 

The Cost of Manhattan Townhouses

Cost of Manhattan Townhouses
Cost of Manhattan Townhouses

Whichever way you look at it, the cost of Manhattan townhouses is high. In 2022, that price was estimated to stand at an average of $7 million. You can buy luxury townhouses priced at $20 million or more if you need upscale features and amenities. These homes make up about 10% of the total number of homes in the area. The least priced of these luxury homes cost about $13 million.

Northern Manhattan is the most affordable of all the Manhattan neighborhoods. Home prices are about $2.5 million or about $628 per square foot. In the West Side, homes cost about $6.07 million. If you want a home near Central Park, you will pay more on the UES – up to $20 million. On the East Side, homes’ average price is $10 million.

All the above neighborhoods offer access to high-end shopping centers, tourist attractions, Central Park, and many other amenities. The townhouses are at least 18 feet wide, with some, the luxury homes, being 25 feet or wider. The widest properties are trophy homes and will cost more.

Most of the Manhattan townhouses and condos are at least 3,000 square feet. The luxury homes can be as large as 10,000 square feet, but the average size is 4,500 square feet.

Why Buy a Home in Manhattan?

Owning a townhouse or condo unit in Manhattan gives you the same feeling as owning a home anywhere else. These townhouses have a backyard where you can entertain your family, garden, and hold small family events. Better still, you can have a green space in your backyard. If you choose a single-family home, you will not have neighbors upstairs or downstairs, which gives you more privacy. Even when you have neighbors, you will still enjoy a high level of privacy.

Most homes offer large living spaces, with most offering more than 9,000 square feet.

Buy a Townhouse Today

Talk to Manhattan real estate agent Noble Black and explore the Manhattan luxury condos, penthouses, and other properties. The Manhattan real estate scene is vibrant, with a high home demand. With the guidance of Noble Black, you will find a luxury condo or townhouse that will meet your needs. Learn more from the expert about owning condos, townhouses, and Manhattan penthouses. Once you secure financing for your home, talk to Black and start exploring neighborhoods and houses for sale in Manhattan. From the contemporary condos to classic penthouses, Manhattan has a lot to offer you.

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